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May 5, 1994

BULL REPORTS LOSSES

By CBR Staff Writer

Compagnie des Machines Bull SA reports that its net loss for the first quarter of the year fell to the equivalent of $167m from $305m a year ago: turnover rose 20% to $1,091m; non-salary costs fell by $80m in the period and the saving accounted for 58% of the reduction in the company’s losses; its net borrowings were trimmed by $38m.

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